Rio Single Table Satellites

[Roswell]

Up to the $325 level, you get only 1500 chips. At the $525 you get 2000. Fast structures.

I think perhaps only the $1000 satellites offer good value.

Opinions?

[MicroBob]

They are an awesome value because the opponents are terrible (at least they were last year).

they play pretty much like a turbo.
I made pretty decent cash on those things.

Example hand from a $225 last year:
First level, maybe the 6th hand or so.
Blinds 25/25, 1500 starting chips.

UTG+1 raise 3x BB
MP cold-calls
Button goes all-in
UTG+1 insta-calls
MP folds

UTG+1 shows KJo
Button shows 77

Button doubles-up (and later it is just me and the button heads-up and we make a deal to split the prize)

[wezvidz]

I'm hoping it's like this Mr. Bob.

I'm heading to Vegas Thursday until Tuesday... mainly just for cash games and hanging out at the Rio, but I would REALLY love to play event #6 Saturday, $2000 NL.

Problem is I want to try to get in using >$500, and I'm hoping I can win one of these $225 sats. I'm gonna need to get real lucky.

[Lloyd]

[ QUOTE ]
Problem is I want to try to get in using >$500

[/ QUOTE ]
This should be pretty easy to do [img]/images/graemlins/wink.gif[/img]

[wezvidz]

Are you serious? Two shots at the 225 and I have to win one... or some other method which I haven't devised yet.

Is there a better plan for increasing my odds of getting $2k in tourny chips?

EDIT: LOL, or you noticed I used a > rather than a < [img]/images/graemlins/cool.gif[/img]

[Slim Pickens]

Yeah. There's no way anyone could ever make any money playing fast-structure STT's against idiot opponents. 10% vig? No way these are beatable.

For those of you with a busted sarcasm detector, if you can beat the Party $10+1 Speeds, you can crush the WSOP satellites. Oh, and you have to be able to win as a 55/45 favorite at least 20% of the time.

[wezvidz]

Now the question. You have <500 to spend trying to get $2k in tournament chips. Which is the best method?

Two attempts at $225, must win?
Start at $115s or whatever and try to earn chances at the $225s/550s?

Save money and just play $225 second chance tourny at night?

[Slim Pickens]

The rake is the same no matter what level: $130 from the table. In this case, you're paying less rake with your 2 $225's. Just based on experience rather than solid experimentation, I'd say a decent SnG player can make it to the final two maybe 27.5% of the time, maybe 15% wins. Your Risk of Ruin is substantial at either level. It looks like you have to play as low as you can, at least until you win one. Then sell the chips and continue to buy into the lowest level possible until you have the four chips you need for the $2k event, selling them as you need to continue to buy in. You will end up paying more rake, but it looks necessary if you really want the best chance of continuing. Cut deals early in your quest. Deny them later. Don't play with durron597. That guy is a WSOP satellite luckbox.

[bav]

[ QUOTE ]
Now the question. You have <500 to spend trying to get $2k in tournament chips. Which is the best method?

Two attempts at $225, must win?
Start at $115s or whatever and try to earn chances at the $225s/550s?

Save money and just play $225 second chance tourny at night?

[/ QUOTE ]

Take your $500 to Caesars or Wynn and buy in to the NL1/2 or NL1/3 game. Play for 12 hours. Cash out $2000 and go enter the WSOP event.

[BS Yee]

I played in the last $1000 mega satellite last year before the main event. I think it started at 7p or 8p and didn't get over until 3 or 4 in the morning. The mega is a pretty good value if you can survive the first, oh let's say, 4 hours or so. The $200R are an art form in and of itself and I have friends who have picked up multiple seats in the past by showing up right before the break and buying in. They take about four hours to complete.

The single tables are an hour and a half investment and the players are generally horrible (myself included). Start small and if you think you are good at preflop poker then you can parlay the pink chips into something big. But it's a grind.

Harrah's makes a $130 for every single table satellite. The winner gets the lammers plus $120. The play is generally bad so if you are a decent short stack pre flop player, then it can be +EV